NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
44 hedge funds and large institutions have $81.8M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
7% more funds holding
Funds holding: 41 → 44 (+3)
0.31% less ownership
Funds ownership: 13.09% → 12.78% (-0.31%)
6% less capital invested
Capital invested by funds: $87M → $81.8M (-$5.14M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$1.32M |
| 2 |
Morgan Stanley
New York
|
+$1.07M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$395K |
| 4 |
M&T Bank
Buffalo,
New York
|
+$332K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$316K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.45M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.63M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$472K |
| 4 |
EWM
Edge Wealth Management
New York
|
-$470K |
| 5 |
LPL Financial
San Diego,
California
|
-$369K |
NID Hedge Fund Activity: Q3 2016 in Review
44 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q3 2016, worth a combined $81.8M — down 5.9% from $87M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NID positions and 4 closed out — a net gain of 3 holders — while 16 added to existing stakes and 14 trimmed.
The largest buyer was Northern Trust, opening a new position worth an estimated $1.32M. The largest seller was UBS Group, cutting an estimated $2.45M.
- 44 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q3 2016, up from 41 in Q2 2016.
- Funds reported $81.8M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q3 2016, down 5.9% quarter-over-quarter.
- 7 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q3 2016 and 4 closed out, a net change of +3 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q3 2016 was Northern Trust, an estimated $1.32M added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q3 2016 was UBS Group, an estimated $2.45M sold.
Based on aggregated 13F filings for Q3 2016.